MarZDoates
Dec 28 2005, 03:38 PM
Does the requirement that a plan be amended to permit hardship withdrawals pertain to those plan sponsors not in the affected area (Katrina)? We have several plans that do not permit hardship distributions, but they are not in the affected areas. Thanks.
E as in ERISA
Dec 28 2005, 05:11 PM
? No requirement to make qualified Katrina distributions available. But if you do make them available, then you're required to amend plan to provide so.